ICANN hires new chief executive

[Eric Lyon]

I wish ICANN the best of luck with their new chief executive selection. Fadi Chehade assures the press that there will be positive opportunities once the smoke clears from all the current controversy regarding the new extensions for release in 2013.

The organization responsible for internet addresses has hired Fadi Chehade as its new chief executive.

The Internet Corporation for Assigned Names and Numbers (Icann) is facing criticism over its handling of new top level domains.

Mr Chehade, formerly of IBM, will replace Rod Beckstrom who had been in post since June 2009.

Mr Chehade will earn $560,000 (£360,000) a year, plus up to $240,000 (£154,000) in possible bonuses

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